OTC: FMNJ – Franklin Mining, Inc. — Stock Guru Profile
Recipe for Success:
Ingredients:
1. Partner up with the big boys;
2. Get the best players you can on Your team, you know the ones that realize it really is WHO and WHAT you know;
3. Experience Counts;
4. Get projects that the world needs, the country needs, the region needs;
5. Get ample funding;
6. Work hard, pay attention to detail, get the big picture;
7. Overcome obstacles.
Combine the above ingredients with finesse, grit and determination and you will have Franklin Mining.
Hasn’t Franklin Mining been on an absolute world-wide tear?
The week in review:
Franklin Mining, Inc. announced that a debt financing arrangement is being negotiated to provide for the design and construction cost of a 10,000 barrel-per-day gas-to-liquid processing facility in Tierra del Fuego, Argentina. These arrangements will provide debt financing in an amount not to exceed the project’s anticipated $470 USD million budget.
Franklin Mining Bolivia, S.A.’s Sales and Marketing Division management team will is purchasing and warehousing tin, zinc and silver from existing inventories and current production of local producers for re-sale to local and national distributors and manufacturers. With sales set to begin in June, monthly revenues are projected to quickly reach $300,000, resulting in 2007’s total revenues nearing $2.0 Million.
Delivery of gold and silver recovered from the Pulacayo Tailings is set to begin in July 2007. At current market values and using the conservative recovery rates previously announced, Pulacayo’s revenues are anticipated to have reached $20,163,710 by December 2008 ($13.2 Million for gold and $6.9 Million for silver).
Franklin Mining Bolivia, is to begin trading tin, zinc and silver, buying the three metals from existing inventories and from local producers for sale to local and national distributors and manufacturers. Industrial materials sales will be added in the near future.
Franklin Mining, Bolivia S.A, has created a Sales & Marketing Division to handle exclusive contracts to purchase and sell metals, minerals and other goods and services licensed under Bolivia’s industrialization law.
Whew. What a ride! And Stock Guru brought all this as it happened, as we initially promised and we will continue to do so.
Contact:
Investor Relations
A. Austin & Company
1-702-386-5379
Jaime Melgarejo Jr., President
Franklin Mining, Inc.
2764 Lake Sahara Driveoli
Suite 111
Las Vegas, NV 89117
Website: http://www.franklinmining.com
Phone: 702-944-8972
Fax: 702-838-5130
Source: Dublin Research
About Franklin Mining, Inc: Franklin Mining, Inc. has mining and exploration interests in the United States, Argentina and Bolivia including a wholly owned subsidiary, Franklin Mining, Bolivia S.A, and 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas, Argentina S.A.
“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in Franklin Mining, Inc.’s filings with the Securities and Exchange Commission. These risks could cause Franklin Mining, Inc.’s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, Franklin Mining, Inc.
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